John Boehner says House Republicans won't vote for the real deal until they're done posturing. They're going to vote for a constitutional balanced budget amendment, which everybody knows cannot pass. (And almost everyone knows is a stupid idea.)
So they know they are going to extend the debt limit - because they know that Social Security checks have to go out on time, and bondholders around the world need to know that U.S. Treasury debt is the world's most secure investment.
So what you can expect is a week of wink-wink before the final package is presented - at the last minute. Childish, really. - GWC
Boehner: No Debt Limit Solution Til After Vote On Balanced Budget Amendment | TPMDC
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